Roper Technologies acquired Inovonics Corporation, a transaction completed in February 25, 2005, structured as Stock purchase.
Inovonics Corporation operates in Technology Enabled Products, is based in United States. Inovonics is a provider of high-performance 900 MHz radio-frequency wireless sensor networks used in security and other monitoring applications. It remains a Roper business within its technology-enabled products.
Added to Roper's RF and security-technology offerings.
Advisory firms were not disclosed for this transaction.